Mobile sports wagering in Louisiana set a revenue record for the second consecutive month in October, generating nearly $5 million in monthly taxes heading into year three.
Wagers were up over 26% for mobile sports wagering for October with more than $276 million in wagers, $39 million in net proceeds, and $4.9 million in taxes paid to the state. According to data from the Louisiana Gaming Control Board, the numbers mark a 269% increase in net proceeds over the same month last year.
So far this fiscal year, mobile sports wagers are up 29.6% and net proceeds are up 31.3% compared to the same time in Fiscal Year 2022-23. October’s figures follow a record-setting September, when wagers for the state’s nine mobile operators totaled $248.8 million, generating $4.7 million in taxes.
